The Indian Railways e-Procurement System (IREPS) is an online portal for procurement of goods and services by Indian Railways. The bidding process on IREPS involves the following steps: Registration: Vendors need to register on the IREPS portal to participate in the bidding process. The registration process includes providing basic information about the company, trade license, PAN and GST details, etc. Bidding: Once registered, vendors can participate in the bidding process by submitting their bids online in response to tender notices issued by Indian Railways. Evaluation: The submitted bids are evaluated based on the criteria specified in the tender document. The evaluation may include technical and financial evaluation. Award: The tender is awarded to the vendor who submits the lowest bid that meets all the technical and financial criteria. For Iron Scrap business, vendors can participate in the tenders issued by Indian Railways for procurement of iron scrap. They need to follow the above mentioned bidding process on IREPS to participate.